94
94
Nov 17, 2012
11/12
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FBC
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it's going to take risk, and right now, we live in a risk-averse environment and a government environment that can take risks. in many ways they are afraid they will get criticized in the press or media. neil: they said businesses to risks and we ended up bailing them out, so we are averse to risk and that the ma because every time they do this, we pay for it. >> and health and medicine, we're going to have to take risks and figure out how to create new drugs and create new innovation. neil: synonymous with simona mr. conaway what you're talking about? >> there's there is a difference between the weather and climate. it's raining today, it's not raining tomorrow. the climate is the key. are there problems in healh and medicine? you bet. we need to figure out how to do multidisciplinary research on -ow not to export testing in all kinds of thingsbroad. but you know something, we have more young people, more scientists, more people that want to come to america to innovate and people that want to leave america. neil: we have fewer than ever going into a general practice nobody really wants t
it's going to take risk, and right now, we live in a risk-averse environment and a government environment that can take risks. in many ways they are afraid they will get criticized in the press or media. neil: they said businesses to risks and we ended up bailing them out, so we are averse to risk and that the ma because every time they do this, we pay for it. >> and health and medicine, we're going to have to take risks and figure out how to create new drugs and create new innovation....
118
118
Nov 14, 2012
11/12
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FBC
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eye 118
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in this environment motgage rates are very difficult to get a mortgage these days for a second home. for instnce, went to go by to properties last year, and i have really get credit in pretty good net worth. really difficult to obtain mortgages. i endeup paying cash for both of the properties. and 42 percent of the properties sold last year were paid for with cash in the second home market. so that lls you that the vast majority of buyers are coming in with cash. the people who are mortgaging, 70 percent of them but more than 20 percent down. even if you plan on gettinga mortgage, your so going to have to have a signiificant cash position to be able to buy. gerri: serious, but the beauty is that you diversified investment portfolio, not just stocks and bons. now you're in real estate. home prices have dropped and dramatically so. and as you said, mortgage rates. it does not get any better than this. thanksor coming on. apprecie your ime. thanks for educating us on this topic. >> thank you. gerri: is still to come, house flipping his back. the housing market in recovery, a cable-tv is
in this environment motgage rates are very difficult to get a mortgage these days for a second home. for instnce, went to go by to properties last year, and i have really get credit in pretty good net worth. really difficult to obtain mortgages. i endeup paying cash for both of the properties. and 42 percent of the properties sold last year were paid for with cash in the second home market. so that lls you that the vast majority of buyers are coming in with cash. the people who are mortgaging,...
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153
Nov 13, 2012
11/12
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eye 153
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they need to know what the regulatory environment is going to be. they need to hhve an element of confidence before they're going to go out and start hiring again. right now, the large firms sector is under down, the small firm ector is down 15 at 20 feet tall waiting for some safety to come out again. so it is really incumbent upon washington to find the regulatory tax and fiscal landscape in a positive way. lou: of want to go through some of your outlook. you are saying that if we go over the cliff, tax hikes and spending cuts will translate into sequestration and the lapse of the bush tax cuts. the tax hikes would translate into a reduction in economic growth of 4%. that's automatic recession. >> absolutely. so the fiscal cliff is a contraction in the government impulse and the economy of 4-5% of gdp. i would say in the first order that will hit and reduce economic growth from 2 percent down to-1,-2 very easily. lou: and your outlook on employment, unemployment dropping -- dropping, in my dreams, rising from just under 8% to 9 and a half percent.
they need to know what the regulatory environment is going to be. they need to hhve an element of confidence before they're going to go out and start hiring again. right now, the large firms sector is under down, the small firm ector is down 15 at 20 feet tall waiting for some safety to come out again. so it is really incumbent upon washington to find the regulatory tax and fiscal landscape in a positive way. lou: of want to go through some of your outlook. you are saying that if we go over the...
77
77
Nov 19, 2012
11/12
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FBC
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eye 77
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it adds to the whole environment of intense uncertainty. you are asking people to make investors of their money or shareholders money at a time when nobody knows what the fiscal system will provide. connell: we talk to people on all sides of this debate. the conservative side represented by monica crowley. talking about the conversation changing from all of this from revenue to something about spending. from the business community's point of view, or you concerned? >> both are important. we need to address the fiscal cliff issue now. not december 301 or january 1. you'll get a lot of negative ahead of that. extend the tax treatment. extend the tax revisions. new found out for a period of time that will allow a real discussion about reform. connell: do you have to have a template in place or is it all right to just extend the current environment? >> i think what has been discussed is to come to some very broad agreement with goals for the relevant committees on the hill. that is good. that gives people a sense of where we are going. business
it adds to the whole environment of intense uncertainty. you are asking people to make investors of their money or shareholders money at a time when nobody knows what the fiscal system will provide. connell: we talk to people on all sides of this debate. the conservative side represented by monica crowley. talking about the conversation changing from all of this from revenue to something about spending. from the business community's point of view, or you concerned? >> both are important....
79
79
Nov 13, 2012
11/12
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FBC
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eye 79
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the virgin group about what it is like to run and grow multiple billion dollars businesses in this environment. he is the fourth richest man in the u.k., but who cares about that, he is one of the gutsiest businessman ever to have lived. he started one tiny business in a basement when he was 16 years old. look at him now, cheryl. an amazing story. cheryl casone is in new york. she will be guiding you through the last hour of trading. how are things looking? cheryl: things a r looking a bit better -- things are looking a bit better. we have a very mixed picture for markets at this hour as we move into the close. the dow and s&p are actually both higher. the dow up about 17 points, up more than 80 points though at session highs today. it's been a volatile day for traders. the dow falling more than 66 points at its session lows. the dow is up by 17 points. very volatile, very rocky day for stocks. one of the things that helped the dow out earlier on to hit the session highs, shares of home depot, by far the biggest winner on the dow today. the company hitting a new high after a strong earnings re
the virgin group about what it is like to run and grow multiple billion dollars businesses in this environment. he is the fourth richest man in the u.k., but who cares about that, he is one of the gutsiest businessman ever to have lived. he started one tiny business in a basement when he was 16 years old. look at him now, cheryl. an amazing story. cheryl casone is in new york. she will be guiding you through the last hour of trading. how are things looking? cheryl: things a r looking a bit...
140
140
Nov 20, 2012
11/12
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FBC
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eye 140
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it is not an effective way to eliminate secondhand smoke exposure and limited area environment. >> the cdc estimates that secondhand smoke causes heart related death and 3400 lung cancer death each year among non-smokers. back to you. dagen: thank you, jonathan. tomorrow kicks off the thanksgiving travel rush. mike boyd is the president of the boyd group international. he is joining us now from denver. mike, it is not that we will see -- it will cause a greater squeeze poor folks, right? >> a little bit raider. flights have been full for the last six months. the real challenge will be the amateur flying. there will be about 7% fewer flights in a normal week because airlines cutback. it will not be more crowded, it will be more confused. dagen: is there some sort of brain issue or some sort of that wall and people that when they go to airports, it seems like it is common sense and preparing to go through security and onto a plane. you always encounter these people that act like they are just morons. >> people just change when they get to an airport. that is a problem universally. dagen:
it is not an effective way to eliminate secondhand smoke exposure and limited area environment. >> the cdc estimates that secondhand smoke causes heart related death and 3400 lung cancer death each year among non-smokers. back to you. dagen: thank you, jonathan. tomorrow kicks off the thanksgiving travel rush. mike boyd is the president of the boyd group international. he is joining us now from denver. mike, it is not that we will see -- it will cause a greater squeeze poor folks, right?...
138
138
Nov 14, 2012
11/12
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FBC
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eye 138
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again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their first-quarter results. after the bell, coming up. countdown to the closing bell, liz claman will be speaking with john chambers. countdown to the closing bell is next. do not go anywhere. before copd... i took my son fishing every year. we had a great spot, not ey to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung funcon starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that mean
again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their...
335
335
Nov 13, 2012
11/12
by
FBC
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eye 335
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how quickly do you see small-business environment? are they somewhat encouraged? >> we take the business in a different way, felt restricted to be in a brick and mortar situation and now they realize they can take the business mobile and serve customers in a different way than they served in the past. tracy: you can sell your product at the next house party. you are great. thank you. it is on the web site and available december 3rd. up next, liz claman is at the cme global leadership conference, cheryl casone in studio. liz claman will be talking exclusively to the biggest names including the virgin group shall under -- founder and chairman richard branson. he starts billion dollar businesses no matter what uncertainty is going on in the world and cme executive chairman terry duffy blasting the government for hurting his ability to run his business. count down to the closing bell. cheryl casone is here in studio. that is all next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or
how quickly do you see small-business environment? are they somewhat encouraged? >> we take the business in a different way, felt restricted to be in a brick and mortar situation and now they realize they can take the business mobile and serve customers in a different way than they served in the past. tracy: you can sell your product at the next house party. you are great. thank you. it is on the web site and available december 3rd. up next, liz claman is at the cme global leadership...